Definition : Concomitant co-ownership

A co-ownership established following the publication of a concomitant declaration of co-ownership within in the framework of setting-up a co-ownership by phase. The concomitant co-ownerships are erected on the private portions of the initial co-ownership. Each of them is legally autonomous both for the management and maintenance of its building. This co-ownership type may be vertical (residential tower) or horizontal (townhouse complex). These two layouts can coexist in the same initial co-ownership.

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14/02/2021

Presumed mandate of undivided asssembly (Initial co-ownership)

Question: Are the co-owners of a vertical co-ownership considered undivided in the horizontal co-ownership? And if so, what would be the impact on representativeness at the general meeting of the horizontal co-ownership (AGM)?  For example, could a few co-owners of a vertical co-ownership act for all the co-owners without having previously held…...

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